Meiji Yasuda reduces participation in Talanx

Meiji Yasuda informed Talanx AG today that it had reduced its shareholding in Talanx below the threshold of 5.0 percent of the share capital. Since the initial public offering of Talanx in October 2012, Meiji Yasuda has held 6.5 percent of the shares. Talanx and Meiji Yasuda are committed to continuation of their successful partnership in the international retail business. This approach has already yielded benefits in the two jointly acquired Polish insurers Warta and TU Europa. Meiji Yasuda has informed Talanx that it intends to retain a shareholding in the Group over the long term.

HDI V.a.G. continues to hold 79.0 percent of the shares and remains the long-term majority shareholder. As a result of the placement of Meiji Yasuda, the proportion of shares in free float will increase from 14.5 to 21.0 percent. The Talanx position in the MDAX is likely to be further strengthened due to the increased free float.

Disclaimer

This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.